Finland Betting Sites

Author: Steven D. Thompson

Updated: 20/11/2024 11:20 AM

Looking for the best betting sites in Finland? You are in luck. Online sports betting is legal in Finland, and we have the best bookmakers right here. We also give you key stats and facts about betting in Finland and tell you how to pick theal Finnish betting site. Keep reading to get all the info you need, and start betting in Finland like a pro.

Table of Contents

Top 5 Betting Sites in Finland in 2024

Sports Betting Regulation in Finland

Sports betting has a rich tradition in Finland. In fact, gambling was declared legal in the country as early as 1917. It has remained legal since. The main piece of wagering legislation in Finland is the Lotteries Act, enforced by the Gambling Department of Arpajaishallinto (The National Police Board). The Gambling Department is also in charge of issuing licenses and overseeing wagering providers.

The Finnish sports betting and gambling market is dominated by four monopolies to which the European Union has objected on many occasions.

Veikkaus Oy, the government-owned betting provider, has a monopoly on land-based betting on the mainland. Veikkaus also has the right to operate online sports betting in Finland. Penningautomatförening (PAF), on the other hand, has a local wagering monopoly on the Åland Islands, a Finnish autonomous zone.

Fintoto Oy, held the monopoly for horse racing betting, while RAY had the exclusive privileges to run land-based gambling and poker. However, Fintoto and RAY merged with Veikkaus in 2017.

Licensing in Finland is also monopolized. Only Veikkaus and PAF have the right to organize sports betting and gambling in the country. Fortunately, international betting sites are not off-limits for bettors in Finland. International bookies have superior sports betting products and offer more competitive odds. So, they are often the preferred option for bettors in Finland.

Lastly, Finnish punters don't have to pay taxes on their winnings. The only exception to this is the lottery, where winners have to pay a 30% tax on their lottery payouts. Betting operators also have to pay a 12% tax on their gross profit. Betting providers registered as non-profits only pay a 1.5% contribution.

Key Facts & Stats About Betting in Finland

How to Pick the Best Finnish Bookmaker

There are many betting sites you can join in Finland. However, only a select few have the sports betting products you need. And finding them is not as easy as you think. You have to analyze a wide variety of aspects ranging from security to betting markets and odds. Even when you think you have found the best Finland betting site, you still can't be sure if it will turn out to be a reliable bookmaker over the long term. The easiest way to find top-quality bookmakers in Finland is to go with the betting sites we feature. These are expert-checked and have proven themselves to be reliable over long periods. If you do insist on finding Finnish betting sites on your own, though, here are some of the aspects you need to pay attention to.

Step 1

Check the License

Start your search by checking whether the bookmaker has a license from a reputable regulator to operate within the country. Only go with Finnish betting sites that possess a valid license from a renowned wagering authority.

Step 2

Analyze Odds

Next, look at the odds betting sites offer. If possible, try to compare odds for the same betting markets at different bookmakers. That way, you will discover which bookie offers the most player-friendly odds. If this is too big a task for you or you simply don't have the time, we recommend going with the bookies our experts have analyzed and ranked. They have already done all the heavy lifting for you.

Step 3

Compare Banking Options

Find betting sites that offer a fantastic range of payment methods. The bookies you pick should have baking options that are big in Finland but are also popular with bettors around the world. That means credit and debit cards, e-wallets, prepaid options, bank transfers, crypto, etc.

Step 4

Look at Sports on Offer

The betting sites you join must have the sports you love. If you are betting in Finland, chances are those sports include ice hockey, Formula 1, football, cross-country skiing, eSports, etc. But don't settle only for these sports. Even though they might not be that popular in Finland, at some point in time, you will probably still want to wager on basketball, tennis, handball, volleyball, MMA, and other sports too.

Free Bets & Betting Offers in Finland

Bookmaker	Offer
Velobet	150% up to €1,000
Housebets	370% up to €1,000
Winscore	20% up to €10 Free Bet
CrownPlay	10% up to €500 Cashback
Kingmaker	50% up to €500 Reload Bonus

How We Compare and Rank Betting Sites in Finland

Online betting sites are the first port of call for bettors in Finland, as they offer great markets and competitive odds. However, not all betting sites in Finland are worth your time and money. Some are as poor as the wagering monopolies that dominate the Finnish betting scene, so your best bet is to steer clear of them. And we can help with that.

At BetPack, we spend time and resources to find the best betting sites in Finland. We analyze and join each site we test. We also trigger bonuses, place bets, contact customer support, and do everything you would do over several years, but much quicker. That way, we can accurately show you how your betting experience will look before you even join the bookmaker. These are the seven key factors we cover during our betting site evaluation.

License / Security

The great thing about the sports betting sites we feature is they all have a license from a reputable regulator. However, that didn't happen by chance. Analyzing a bookmaker's license is the first thing we do, as that is a prerequisite for betting in Finland.

That's because licensed bookies have provided the regulator with all the necessary documentation to prove they are legitimate businesses. Can you imagine a reputable bookie risking its license and reputation by not giving you a €10 free bet or delaying €500 in winnings? We are yet to see that happen. In other words, the license is an excellent indicator of the reliability of a bookie. And we make sure each of our bookies has it.

Another thing we need to know about is security. Usually, licenses and security go hand in hand. So, if a Finnish online gambling site has a license, it likely uses the latest security technology too. When checking security, we analyze encryption levels, privacy protection protocols and security certificates. If the betting site aces all these aspects, we make sure the BetPack ranking it gets illustrates that too.

Welcome Offer

The welcome bonus sits at the top of things to check. We want all welcome bonus offers to give you great value. And great value means two things. First, it implies you should get your fair share of bonus credits or free bets. So, the more generous the bonus, the higher we rank it. The second thing we want to see is a welcome bonus that is easy to claim.

So, what does a decent bonus look like for our BetPack experts? Well, let's say you trigger a 100% bonus up to €100. You might say this welcome promo is nowhere near as generous as you want it to be. However, if you can use that bonus money without any conditions and withdraw your winnings instantly, that's an excellent promo. After all, what good is a 100% bonus up to €1000 if you have to include a minimum of 5 selections in your bet slip?

Our experts look at both of these things and try to find the Finland betting sites that offer welcome bonuses that tick both boxes. These promos have to give you bonus credits in spades, but also help you make the most of that bonus too. If that's the case, you can bet your house that bookie and welcome bonus will be featured at BetPack.

Promotions & Free Bets

One of the most enticing aspects of betting sites is the chance to benefit from a wide range of promos and free bets. You would never get these at retail betting shops in Finland. Land-based bookmakers have no way to credit these bonuses to you due to the lack of a betting account.

So, we make sure you join betting sites that have a boatload of free bet promos, reload bonuses, and cashback offers. To do this, we join each Finnish betting site and claim its bonuses. We check minimum odds requirements, wagering, payment method exclusions, and anything that regular bettors forget about.

When we are happy with the number and quality of the betting bonuses, we list and rank the Finnish bookmaker that offers them. That way, we know for sure that the bookie we recommend is top-notch and you get the promos you deserve.

Sports Offering

When you join a Finnish bookmaker, you want to bet on as many sports as possible. All betting sites will tell you they feature every single sport in the world. Unfortunately, that's not the case. We have seen bookmakers with as few as twenty sports claiming to have the best sports offering in Finland. And that's simply not fair towards punters.

To prevent our readers from falling for inferior bookies, we test the sports offering they have ourselves and only give you the best Finnish betting sites. These bookies offer sports that are popular in Finland, such as ice hockey, football, cross-country skiing, and Formula 1. However, they also have sports that may not be as favoured by Finnish bettors like basketball, volleyball, tennis, cycling, and lots of other sports too.

We do this because we want you to have top-quality sports to bet on at any time of year. That way, you can bet on basketball when ski-jumping comes to a halt or wager on cycling when there's no Formula 1.

Odds & Value

As a punter, you want to get the best odds possible. Great odds mean value bets, and value bets result in excellent profits. So, we make it our goal to find Finland betting sites that work with the best odds.

To do that, though, we first need to look at the house edges these bookmakers use. When a Finnish betting site works with a small house edge, it gives up on some of its profits so that you get better odds. That means the best betting sites will work with the lowest house edges possible.

As a rule of thumb, a generous Finnish bookie will have a house edge that's not higher than 5%. Ideally, the bookmaker's profit margin should be in the 2%-3% range.

But why not go for an even smaller house edge? At BetPack, we think that's possible, and the best Finnish betting sites we feature are a testament to that. We have unearthed betting site gems that work with minimal 1% to 2% profit margins and have given them the best rankings. All you need to do is scroll for a bit here, and you will land on these super-generous Finnish sportsbooks in no time.

Payment Methods

Payment methods and transaction speeds are some of the most underappreciated factors when picking a bookmaker. Punters rarely look at them before it is too late, and they have to wait for days for their payouts.

That's never the case when you pick your Finnish betting sites with our help. Our top-ranked Finnish betting sites have all the banking options you need and then some. We make sure each bookmaker we feature has payment methods suitable for high-stakes bettors but facilitates bets from players on a tight budget too.

We also want to see payment methods that are popular with Finnish players. These should include banking systems like Neteller, Skrill, Trustly, and PayPal, as well as the standard options - credit, debit, and bank transfers.

Lastly, we check deposit and withdrawal speeds. These days there is a betting industry standard when it comes to deposits - they must be instant. So, we don't want our readers to get anything less than that.

However, withdrawals are a different story. You can find bookies that give you instant payouts, but can also fall for sportsbooks that process payout requests for days. As you can imagine, we go for the first type.

At BetPack, we only feature betting sites that offer super-fast withdrawal options and process all your payout requests as soon as you make them. That way, you get the transaction speeds you crave, and we get the gratification to motivate us to keep finding these lightning-fast bookies.

Features

Betting in Finland is all about getting the most bang for your buck. Join a betting site that boasts tons of features, and you will get exactly that. And that's where we come in. When we analyze and join betting sites in Finland, we always check if they have the features and betting options you need. These range from live betting specials and live streaming of matches to bet builders and social betting features.

We pay particular attention to live streaming. One of the best aspects of joining a betting site that offers live streaming is the ability to watch the games you are betting on as they happen. You don't need to pay a TV subscription, and no expensive live-streaming packages are required. All you need to do is have some money in your account, and you will be able to watch any match the bookie streams.

We also look at things such as bet builders. After all, who wouldn't want to build his own bet and benefit from great odds? And why not share that bet with others? Finland is a country with good-natured punters, and social betting features are all the rage now. So, we want you to be able to send a friend your bet slip or copy and paste the wager your mates are talking about. And why not benefit from a bet a celebrity punter has compiled? When you join a bookie with innovative features, the options available to you are endless.

Top Finnish Betting Sites by Category

Category	Bookmaker
Best Welcome Bonus	Velobet
Best Odds	BetPlays
Best Betting Markets	Betswap
Best Features	Herake
Best Design & Usability	Solisbet

Popular Payment Methods for Finnish Betting Sites

Players in Finland use a wide range of online payment methods every day. So, the more of these banking options they can use, the better for them. Fortunately, Finnish betting sites almost always work with payment methods popular in the country. So finding the banking option that works for you is usually quite easy.

The two most common banking options in Finland are credit and debit cards. Banking cards come with many advantages compared to other payment methods. For instance, they give you flexible deposit and withdrawal limits. They also activate welcome bonus offers without a problem, whereas other banking systems (e.g. e-wallets) often struggle with them. Lastly, credit and debit card deposits are instant, and you get your payouts within a day or two.

E-wallets like Neteller, Skrill, and PayPal are also popular in Finland. Similar to banking cards, e-wallets give you super-fast deposits. Unlike credit and debit cards, though, e-wallets provide you with much faster withdrawals. In fact, if your bookie processes your payout requests right away, you can expect to get your winnings within minutes. As we mentioned, one drawback of e-wallets like Neteller and Skrill is their inability to trigger bonuses. Bookmakers often exclude these payment methods from welcome bonus offers, in particular.

Trustly is big with Finnish bettors too. With Trustly, you payctly from your bank account and get minimal fees and instant deposits. Another perk is that you don't need to sign up. However, like e-wallets, Trustly is often excluded from bonus offers.

Lastly, Finnish punters can also go traditional and wager using bank transfers. However, they will be in the minority if they do. That's because even though wire transfers are secure, they are quite slow. For example, withdrawals may take up to 5 days.

Most Popular Sports to Bet on in Finland

Best Finnish Betting Sites for Sports

Sport	Bookmaker
Best for Football	Housebets
Best for Basketball	Boomerang Bet
Best for Horse Racing	Legiano
Best for Volleyball	Royalfortune
Best Overall for Sports	Betpanda.io

Most Trusted Betting Sites in Finland by Betpack

Rank	Bookmaker
#1	BC.Game
#2	CryptoLeo
#3	Bet It All
#4	Pledoo
#5	N1Bet

When you bet in Finland, it is crucial you pick a reputable site. The reason is simple. A trusted betting site gives you the peace of mind you need to place bets worry-free. It is as honest as you like it to be, credits your bonuses the moment you claim them, and has support personnel to help you every step of the way. Moreover, a trusted bookie always processes your withdrawal requests instantly and allows you to make the most of each winning bet right away.

And the best and easiest way to find a trusted bookie in Finland is to go with the best Finnish betting sites we feature at BetPack. These sportsbooks have been put through a series of tests and have cleared each with the best marks possible. They come highly recommended by our prominent experts and carry our stamp of approval. With our trusted Finnish betting sites, you only need to focus on placing the best bets possible. They will take care of everything else.

Frequently Asked Questions

What Betting Apps Work in Finland?

Betting apps licensed by the Finnish sports betting regulator work in Finland. However, most international and offshore betting apps work, too, as Finnish authorities don't stop players from joining these apps.

What are the Most Popular Sports to Bet on in Finland?

Ice hockey is the most popular sport with bettors in Finland. Other sports that Finnish players like to bet on include football, cross-country skiing, ski jumping, Formula 1, and pesapallo, the national sport of Finland.

How to Claim a Free Bet from Finnish Bookmaker?

To claim a free bet, you first need to join a sports betting site that has a free bet promo. Then deposit and place a qualifying wager. As soon as all selections in your qualifying bet are settled, you will get your free bet.

Do Finnish Bookmakers Have Good Odds?

If you bet at the government-owned Veikkaus, you will get decent odds, but not the best because Veikkaus is a sports betting monopoly in Finland. However, if you opt for international betting sites that operate in a competitive market, such as the bookies listed at BetPack, you will get much better odds.

Is there a tax on sports betting winnings in Finland?

No, there isn't. Sports betting winnings are not taxable in Finland.

Is Sports Betting Legal in Finland?

Yes, it is. Both land-based and online sports betting are legal in Finland. However, state-owned monopolies dominate the market. Fortunately, players in Finland can also access international betting sites, which constitute a large portion of the betting market in the country.