Legal Sports Betting In Russia

Legal sports betting in Russia is a major activity taking place every day. Russia is home to some of the biggest football clubs in Europe making it a major draw for sports betting. But MMA fighting is some of the biggest action for bettors. Legal betting sites that take Russian players provide options for all sports, whether played inside Russia or not. These sites are available in any location throughout Russia. No travel is needed and you can sign up from home or the bar. Compatible with mobile devices, legal sports betting has never been easier.

Is Online Sports Betting Legal In Russia?

Yes, online sports betting is legal for all Russian sports bettors. Online sportsbooks hold licenses from Carribean counties. There are also online sportsbooks in four regions (Altai, Krasnodar, Kaliningrad, and Primorsky). Russian sports bettors can wager on any sport regardless of where they are.

Legal Sports Betting In Russia

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#1

International Sports Wagering

For sports enthusiasts in Russia, Bodog offers exciting prop bets on both football and ice hockey, two of the country’s favorite sports. You can bet on individual player stats or specific game outcomes, bringing more excitement to each match. With extensive coverage of local and international events, Bodog ensures Russian fans have plenty of options to explore.

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#2

Russia Sports Betting Made Easy

What makes BetOnline one of the best Russia sports betting sites is how streamlined the entire processes. The webpage is easily accessible and all the odds are broken down in an easily digested manner. There is even a page that explains all the betting terms for newcomers to help them get accustomed to betting on sports. BetOnline has betting lines for all the major Russian sporting leagues. Russian sports bettors will not struggle to find betting lines for every major game throughout the seasons.

BetOnline is also home to a bevy of bonuses for all its patrons. These bonuses give a percent deposit match on select deposits and can be accessed using promo codes. For starters, all first-time Russian sports bettors gain access to the 50% Welcome Bonus. Using promo code BOL1000, you will get a 50% match on your first-ever deposit valued up to $1,000. This are extra funds to be used on wagering. BetOnline is one of the premier locales for betting on sports online in Russia.

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#3

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Safety is a top priority at MyBookie and you have nothing to worry about when using their platform. They use encrypted links such as Bit-256 and SSL to protect both the servers and your data. They offer 24/7 customer service with live agents to explain their safety features. Also a full casino, MyBookie Sportsbook is great for all types of gamblers.

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Russia Info
Status: Legal
Retail: Yes
Online: Yes
Min Age: 18
Restrictions: No Restrictions
Popular Sports: Soccer, basketball & hockey

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Russia Sports Betting Laws

Sports betting is regulated in Russia in four regions, Altai, Krasnodar, Kaliningrad, and Primorsky. These regions are the main hubs for all gambling in the country. With online sportsbooks, Russia sports bettors in all regions will be able to bet on their favorite sports with no problem. These online sportsbooks are available all over Russia, and there is no need to travel to a regulated region in order to bet on sports. Russian law requires all bettors to be at least 18 years old. This law is also enforced by legal online sportsbooks as well. So long as you are of the legal betting age in Russia, you can partake in sports betting.

What Deposit Options Are Available At Russia Online Sportsbooks?

Making a deposit into your legal online betting account can be done through numerous financial options that cater to all users. You can use your everyday methods such as credit and debit cards down to online banking and person to person apps in Venmo and PayPal. All of the betting deposit options though do come with transaction fees, limits to follow, and processing times that can change depending on the betting site you are using and which method you use on that site.

Withdrawal Options For Online Sportsbooks In Russia

Making a withdrawal from an online sportsbook comes with different financial options to choose from. Each of the options do have guidelines that you need to follow that are similar to when making a deposit to your account. The main difference here though is that you are not able to get paid out directly back to a debit or credit card and would need to select another form of online banking or use cryptocurrency. Some of the available betting withdrawal options can be found below:

  • Cryptocurrency
  • MatchPay
  • Wire Transfer
  • ECheck
  • Check By Mail
  • Voucher

Best Cryptocurrencies To Use At Russian Online Sportsbooks

Online sportsbooks in Russia accept many different types of cryptocurrencies for both deposits and withdrawals. Each cryptocurrency that can be deposited with can be withdrawn with and vise versa. The cryptocurrencies listed below fit that bill, with each crypto page linked in case players want to learn more about what makes it unique.

New Russian Sports Betting Legal Stipulations

Legislation passed in the Summer of 2020 in Russia centered around the wagering on sporting events. Within this new landscape that passed in its final readings, the country allowed tax wagers made using international internet sportsbooks. Moreover, wagers are only allowed to be placed on sports matches that are affiliated with Russia. However, that rule has to do with the sportsbook more than the bettor.

Should a sports betting operator offer wagers to the people of Russia that are not strictly Russian, they will be required to pay a minimum of 5% on all GGR four times a year to the country for offering international sports gambling to the Russian people. This money will then be put toward Russian sports organizations. Licensed sportsbooks need to be worth at least $130M in assets to be eligible to do business in Russia as is stipulated within the newest laws.

In 2022, Russia launched a large-scale invasion into the bordering nation of Ukraine. As a result, western sportsbooks such as FanDuel and DraftKings that did operate in Russia previously have pulled their sports betting services from Russia. It is unknown how long this measure will last.

Russia Sports Betting Markets

There are several sporting leagues in Russia that gain a lot of traction in the sports betting arena. Russia is home to the Russian Premier League for football, the VTB United League for basketball, and the Kontinental Hockey League (KHL). Sports bettors wager on these leagues and much more constantly. These sports leagues take up the bulk of the betting market in Russia and online sportsbooks provide betting odds for all of the games during the season. The Russian sports betting market is one of the bigger sports betting markets in the world, and there is no shortage of leagues to wager on.

Where Russia Sports Betting Revenue Goes

The revenue from sports betting in Russia goes into the regulated regions that sports betting is taking place. The sportsbooks in Altai, Krasnodar, Kaliningrad, and Primorsky all collect tax revenue for the region they are located in. This money goes into the local governments and is issued out to schools, public transit, and many other things. There is also sports betting revenue dished back to the countries capital that is dispersed to the rest of the nation. Although, the bulk of the tax revenue goes to the local governments. Online sportsbooks revenue does not go to Russia as they are headquartered overseas.

Legal Russia Betting Sites

There are many legal betting sites that accept Russian bettors. These sites provide full-service sports betting to all residents and tourists of Russia. You will not struggle to find the perfect Russian online sportsbook for you. These books offer the best odds available, even compared to odds found at land-based betting operators. The best way to legally bet on sports in Russia is to do so online. These legal Russia betting sites offer Russian sports bettors the best possible betting potential available.

Online Sportsbooks Pulling Out Of Russia

Following the invasion of Russia on Ukraine, several different companies have pulled out of Russia including different online sportsbooks. Online betting sites such as DraftKings, PointsBet, and Caesars have all banned their services in Russia. While they have pulled out though, some online sportsbooks have remained offering betting odds including Bovada, BetOnline, and MyBookie.