Sweden: Practical Online Gambling Guide

Up until 2019, the Swedish online gambling market was more or less a hectic place. The local regulators had yet to come up with clearly stated laws on online casinos while Swedish gamblers were welcomed by internationally licensed online operators.

In 2019, however, the state accepted its Swedish online gambling regulations and transferred the entire virtual sector under the command of the Swedish Gambling Authority. This is a state-managed institution that reviews and licenses applicants willing to provide gambling to the Swedish market.

A few years passed since that day and the Swedish online market for casinos changed dramatically. It is booming, with not only local businesses but also international platforms offering services to the gambling community. So the players are the winners, getting lots of sites to choose from, safe and licensed services, and healthy competition under which each online operator strives to offer the best it has to the clients.

That being said, the market can also be somewhat confusing to newbies. Not only will the new players have an overwhelming choice of locally licensed websites but the international arena also has plenty of sites for gamers from the reviewed country. This means that every new player has to understand how to choose a decent and reliable place to bet and win, how to manage the bankroll, win in games, and use promotions.

This is why we put together our practical guide to online gambling for Sweden. Among others, it answers the following questions:

  • How can one spot and avoid rogue and untrustworthy casinos that welcome Sweden?
  • Should one deposit and wager cash in SEK or in crypto, and what are the pros and cons of both options?
  • How exactly can the bonus cash be used and what are the wagering requirements?
  • Which of the online games are based on chance, and which rely on strategy?
  • Which of the banking methods will pay the fastest?

There are also answers to many other burning questions. Essentially, not only the newbies but also a lot of experienced players from Sweden can find tips and insights in this publication. For the convenience of our readers, we have grouped the FAQs by themes. Without further ado, here are the answers.

Our Take on Online Gambling in Sweden

Players from Sweden have a lot of options when it comes to online gambling. This industry is legit and regulated within the reviewed country. Local gaming authorities make meticulous checks of websites prior to licensing them, and the market offers 100s of reputable places to bet and win.

In addition to playing in Sweden-licensed lobbies, players can also choose among 100s of internationally licensed online operators. The key benefit of heading to such lobbies is that many of them work with cryptocurrencies. This is a decisive factor for many gamblers.

Just as there are lots of sites to choose from, there are also plenty of bonuses. Sweden is among the countries often treated with a special welcome and ongoing bonuses. Players will also be able to benefit from a lot of tournaments and weekly deals, as well as from all the loyalty perks.

Finally, Sweden is home to some of the most iconic content creators. These are giants like NetEnt, Evolution Gaming, and Quickspin, to name a few. This allows Swedish gamblers to always play the best slot machines and also have 24/7 access to live dealer lobbies.

Our database offers a convenient search of the best gambling destinations for Sweden. We recommend adjusting the search filters to preferred currencies, banking methods, promotions, and other services. Enjoy your time at reputable online lobbies!

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Licensing and Legality

The Swedish Gambling Authority reviews applicants, runs a background check on them, assigns gaming licenses based on the class of the games delivered in online lobbies, and then also keeps up with the websites that it licensed by monitoring their activity and the quality of services.
The SGA sets high standards and also charges businesses big money for licenses. If the state decides that a particular business qualifies for a permit, it means that it is reliable and capable of providing white label solutions to its players. What is more, under the T&C of the SGA, the Authority has the right to revoke a license or to fine any platform that violated the terms of the state and failed to offer quality services.

Standing for Know Your Customer, KYC is a procedure that every locally authorized gaming lobby needs to maintain. The KYC has several important goals, including making sure that the casino or its customers do not launder money, that the gamers are legally old enough to gamble, that they reside in Sweden, etc.

KYC sounds like a bit of a bureaucratic headache (and it actually is one) but luckily, it is not that complex to pass. The help desk representatives will walk every player through the process. The KYC has to be passed only once (unless a jackpot is won), it is standard, and takes between 24 to 72 hours. The typical list of documents for the KYC includes a copy of ID, a copy of a utility bill or any other proof of address, and a few other documents.

First of all, there are plenty of international brands that already applied for and received licenses from Sweden. So, that’s some good news.

What is more, 100s of online operators outside of Sweden still accept players from this country even if the platforms do not have local licenses. These practices will be regarded as unethical by the state of Sweden, and sometimes, can even be penalized but the penalty will not apply to an individual player. 

The Malta Gaming Authority is hands-down one of the leaders when it comes to trustworthiness. MGA-licensed sites rarely end up on the list of rogue casinos. And they usually accept players from Sweden.

Coming second on our list of recommendations are websites licensed by the jurisdiction of Curacao. This licensor’s list of sites that eventually went rogue is a bit bigger so we always recommend additional research. However, there are also plenty of noteworthy and established Curacao-compliant platforms that offer legit services. They even have a slight advantage over MGA and SGA. Such websites may offer banking in crypto, which is a preferred option for 1000s of Swedish customers.

We usually recommend doing additional research on websites that do not have licenses and avoid mentioning their owners. This does not automatically lead to non-trustworthy sites but the due diligence won’t hurt.

Also, even SGA and MGA-licensed sites may turn out to be a scam. The proper indicator of an online operator to avoid is its reputation. If registered members on the gambling forums complain a lot about delayed payouts, fishy bonus T&C, or even raise issues about non-paid wins, it is a good sign to reconsider registering and to look for other platforms. Luckily, the selection is huge. Our database alone features 500+ Sweden-friendly gambling destinations.

We strongly recommend against using VPNs. Such initiatives rarely end up benefitting Swedish players. Let’s say you have managed to create an account, deposit, and even wager and win real money. Then inevitably comes the time of cashouts, which usually involves verification. Many times, at this stage the casino team will be able to spot that the player is from a country that is excluded from the T&C. This automatically leads to penalties. Among them can even be account blocking and wins being annulled.

The state regulates all the major game classes and activities, authorizing slot machines, non-live games of chance, live dealer content, lotteries, and betting. Each of the types of betting activities has a separate gaming license class assigned to it.

Banking and Payments

There are plenty of online operators that accept the Swedish krone. Our database alone list around 170 gaming platforms. Many of them are focused specifically on gamers from the reviewed country, while many are also international lobbies where the cashiers are mixed, and SEK is among accepted currencies.

One of the websites much appreciated by Swedish gamblers and accepting SEK is Videoslots. This was one of the first hybrid online operators and earned its fame for the huge gaming lobby with well over 3,000 releases. The main selling point of Videoslots is its regularly updated database. The team is always on the watch for the newest and trendiest releases.

Another location where gambling in SEK is possible is Casoo. It was launched much later than Videoslots but it quickly gained a lot of positive feedback from the gaming community. The welcome bonus for this place to bet and win is a 100% cash match that is compatible with slot machines.

Spotting crypto-friendly platforms for Sweden is not hard. In our database, more than 150 online operators accept Bitcoin and many other brands can be added on top if we also scan for LTC, ETH, DASH, and other types of tokens.

One of such places to bet and win is Rocket Play Casino. It supports a 200% cash match with the initial deposit and can provide players with an impressive collection of well over 1,000 slot machines. Plus, registered members can count on a big live dealer lobby.

We can also mention MondCasino. With its cashier tailored to accept several types of crypto, Mond is the go-to destination for fans of Net Entertainment’s content. All of the games are browser-based and mobile-friendly. The live lobby is being streamed 24/7.

There is a multitude of options. Basically, all of the most popular payment methods can be found across certified and reliable platforms that accept players from Sweden. The list includes Klarna, Pay n Play, Trustly, Neteller, and bank-based products like cards and transfers.

For instance, Klarna has a lot of advantages when it comes to online gambling. This payment method allows players to complete quick and simple deposits and cashouts by automatically connecting a player to his or her online banking account and by sending funds to the casino account via an encrypted gateway.

Competing with it in terms of quick transactions is Pay n Play. It is a Trustly payment product that allows players to skip the lengthy and annoying registration process. Instead, sign-up and depositing are done in one click. Pay n Play saves time usually taken to register and also allows you to cash out immediately once you are done playing.

One disadvantage of operators that work with Pay n Play is sometimes the lack of welcome or ongoing bonuses. Those Swedish players that find it to be a problem can opt-in for registering at Trustly casinos instead. 

Trustly revolutionized the way online payments work by creating software that directly passes funds to the vendor from the preferred bank account. No cards, no apps, no registrations in online stores – all you need to do is select a bank, login to the account, choose an account from either of the compatible banks where you have it, and authorize the transaction.

Three factors that influence the speed of cashouts are:

  • Verification procedure
  • Selected payment method
  • Claimed amounts of wins

Verification is a KYC procedure that may or may not be implemented by an online operator depending on its obligations to the licensor. It usually takes between 24 to 72 hours and applies to first-time-withdrawers, as well as to those who won jackpot sums.

In terms of payment methods, the fastest way to claim wins is to e-wallets, and it will take between 24 hours to two workdays. An even faster way may be to claim wins to a crypto wallet. Such withdrawals can even be instant (rarely) or take up to 24 hours (a more realistic outcome).

Finally, the bigger the amount that a player withdraws, the longer it takes an online operator to process the withdrawal. So, plan accordingly.

The only way to skip registration is to look for Pay n Play casinos. These are lobbies where a player can deposit and get to play real money immediately. One of the online operators for Sweden that supports the recommended payment method is Snabbare. This is a website owned by Co-Gaming Limited and licensed by the jurisdiction of Sweden. It has 1,000+ games in the lobby, as well as a live dealer lobby.

Another place to bet and win that we can recommend is Premier Live. It offers language adaptations in both English and Swedish and delivers a huge gambling lobby and a hefty welcome bonus.

This is a valid question and an important one, too. Our recommendation is to properly plan the bankroll and to remain strictly within its lines. To help with this, setting limits on a card/account may be useful. Another great skill is keeping emotions in check. Online gambling is a recreational activity, not an activity designed to be a stable source of income.

Promotions and Bonuses

A promotion is a casino’s way to attract new players or to motivate registered users to come back and play. Usually, a promotion is either a cash match, a cashback, casino spins, or tournaments.

A promotion should never be regarded as free money. Any bonus always comes with obligations also known as the terms and conditions. Reading these T&C is highly recommended. They specify minimum and maximum bets allowed per game, as well as allowed and prohibited games for a specific promotion, deadlines, and more.

Players from this country can count on a lot of bonuses. There are welcome deals, ongoing offers, cashback on slots and live games, tournaments, weekly and weekend reloads, bonuses for referring friends, prize pools, and VIP perks. It is rarely the case that all of the deals will be available simultaneously on one platform.

Generally speaking — yes. Crypto is a currency that can be used for promotions. Usually, if a platform works with tokens, it offers deals in BTC or any other currencies. There can be both welcome and ongoing promotions.

Swedish players can also count on promotions in SEK and EUR.

This will depend on the T&C of the website. Some will allow players to withdraw bonus cash and wins from it. Others will only allow claiming wins from the bonus.

These are the directions for wagering the bonus. “B” stands for bonus cash, and “D” stands for deposited cash.

Let’s say, a 100% bonus cash match has the rollover requirements of 10xB. And let’s also say that you have deposited 100 SEK. This now means that you have received a 100% cash match to your deposited cash — another 100 SEK. And this sum has to be multiplied by the xB amount, or in this case — by 10, which leaves you at 1,000 SEK. This is the amount of cash that needs to be wagered in order to complete the rollover requirements.

Among more than 500 brands in our database, the choice is huge. We can recommend Thrills Casino with its special 200% sign-up cash match for Swedish players. The playthrough terms of the deal are 30xBD.

Another website to visit for the welcome deal is Tsars. It has a cash match on not only one, but four initial deposits. The cash match will be between 100% to 25% and it will need to be wagered 25xBD.

For a great offer of casino spins, head to Maria Casino. This platform has casino spins among welcome promotions and also serves them on the weekly basis.

For ongoing offers in cryptocurrencies, register at BitCasino.io. This is one of the oldest and most reputable online operators when it comes to gambling in crypto. 

If you are looking for cash-back offers, there is neon54, among other brands. Its weekly cash-back deals may reach up to 10%. The rollover requirements of 40xB apply.

Jetbull is another great platform to head to for weekly offers. It may issue special weekly promotions for those who play from mobile phones. It also supports weekly reloads up to 50%, with the wagering terms of 40xBD that apply. 

Games and Software

Yes, absolutely! Sweden is one of Europe’s biggest hubs for casino game developers. Among them are the industry’s veterans and one of the best creators of slot machines, Play’n GO. It has a lot of hits in the portfolio, including classic, video, and progressive reeled adventures.

Another industry giant is Evolution Gaming, which specializes in live dealer content. Its portfolio is a great mix of classic and original releases streaming from the studios and land-based casinos 24/7.

This list cannot be complete without two other industry superstars — Net Entertainment and Quickspin, both having more than ten years of experience in the industry, and both being the creators of the industry’s huge slot hits.

This will depend on whether you are playing games of chance or games of skill. Releases like slot machines, as well as table games like baccarat and roulette, are based on luck. All that a player can do is place bets and hope that odds will be in one’s favor. With games like blackjack and pokers, certain winning strategies may apply. 

From the technical standpoint, the factors to consider are the slot’s math as well as the range of bets. It is a more thoughtful approach to choosing a reeled adventure based on the low or the high roller strategy.

For many players, however, the best slot is not the one with convenient math but the one with the best themes, reel configurations, characters, storylines, and bonus features. Luckily, the slot developing industry has lots to offer to Swedish gamblers and there are at least 30 great new reeled adventures coming out each month.

This is highly unlikely. While 90% of slot machines are always available for demo play, live casino releases are in 90% of the cases available only for real money. One way to test demo play is to try and head to the official website of the game developer. Sometimes, the teams offer demo play of their content but this is true for only a few of the companies in the Sweden-oriented market.

In order to get a chance to win a jackpot, choose slots connected to progressive networks. these games accumulate a percentage of each bet made across the countries connected to the network. Therefore, wins in such games can reach millions of Euros.

However, even choosing a progressive slot will not often qualify you for a jackpot. Some of such games also have minimum bet requirements, as well as a few other parameters that need to be followed. More on such rules — in each game. 

We can mention quite a few jackpot games popular with Swedish players. The list includes Mega Moolah by Microgaming, Divine Fortune by Net Entertainment, and Ozwin’s Jackpots by Yggdrasil Gaming.

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