Betting establishment or gambling center
In the ever-evolving world of online sports betting, Pin-Up Bet has made headlines for its significant exit from the Ukrainian market and its continued presence in other parts of the globe.
Based in LLC "William Hill", Pin-Up Bet offers a vast array of betting options, covering over 28 categories, including football, Formula 1, and many more. The selection of leagues and championships is extensive, with most countries on all continents represented. However, in recent years, Pin-Up Bet faced legal and regulatory actions in Ukraine, linked to its alleged connections with Russia.
In 2024 and 2025, Pin-Up Bet was among several gambling operators subjected to investigations for suspected ties to Russia and related financial crimes. The manager of Pin-Up was arrested by Ukraine’s State Bureau of Investigation on accusations related to aiding the Russian state, but was later released. Investigations revealed that the platform’s real owners were Russian citizens who collected personal data on users, including members of the Ukrainian Armed Forces.
Due to these actions and the tightening of regulations in Ukraine, several operators, including Pin-Up Bet, exited the Ukrainian market. This withdrawal created space for Favbet, a Ukrainian operator with no ties to Russia, to expand and become the legal market leader there.
Although specific details about where Pin-Up Bet’s former players transferred are not explicitly mentioned, it is evident that Favbet absorbed much of the displaced market share in Ukraine owing to the exit of Russian-linked operators like Pin-Up Bet. It is common in such scenarios for players to migrate to legally licensed local operators who maintain a clear regulatory status.
Despite its challenges in Ukraine, Pin-Up Bet continues to thrive in other regions. The bookmaker offers up to 30,000 rubles on the first deposit, and a welcome bonus of up to 100% on the first deposit. The odds in Pin-Up are at a normal level, and the margin is kept low, with the margin for significant matches being around 4.1% for football, 2.1% for ice hockey, and 2.1% for basketball.
Pin-Up Bet's live betting feature is well-developed, with real-time statistics, infographics, and video broadcasts. The margin for live betting is slightly higher than for pre-match betting. Pin-Up also offers bet insurance (CashOut) on lost bets if the match is participating in the promotion.
Pin-Up Bet operates under a license from the Federal Tax Service of Russia, while Pin-up.bet operates under a license from Curaçao. It's important to note that Pin-up.bet is illegal in Russia and has a casino, a live dealers section, and other attributes on its website.
Pin-Up Bet is an experienced bookmaker with a global reputation, offering a wide range of betting options and a user-friendly interface. The platform also offers a Monday quiz where participants can win free bets by answering questions correctly. Pin-Up sends exclusive bonus offers through email newsletters.
In Russia, Pin-Up Bet was launched on October 1, 2020, and received its FNS license No28 on October 10, 2014. The company was replaced by Ivanbet in spring 2022, and later by Fonbet. Pin-Up Bet is known for allowing bet editing after the bet has been placed and for having reasonable wagering conditions for bonuses.
For those seeking alternatives to Pin-Up Bet, options include Vinlin, Liga Stavok, Marathon, and 1xStavka. Each of these platforms offers a unique betting experience, catering to different preferences and needs.
[1] Source: https://www.google.com/search?q=Pin-Up+Bet+investigation+Ukraine [3] Source: https://www.google.com/search?q=Pin-Up+Bet+manager+arrest+Ukraine
- Pin-Up Bet, despite facing legal and regulatory issues in Ukraine, remains operational in various parts of the world, providing a selection of over 28 categories for sports betting, including football, Formula 1, and many others.
- Pin-Up Bet offers betting options beyond traditional sports, with casino-and-gambling, lotteries, sports-betting, golf, basketball, racing, tennis, and mixed-martial-arts also available on the platform.
- The withdrawal of Pin-Up Bet and other Russian-linked operators from the Ukrainian market created an opportunity for Favbet, a Ukrainian operator without ties to Russia, to expand and take the lead in the legal market there.
- Pin-Up Bet's live betting feature includes real-time statistics, infographics, and video broadcasts, providing an immersive betting experience for users.
- Beyond sports betting, Pin-Up Bet offers a casino, a live dealers section, and other attributes on its website, with these features being illegal in Russia.
- For those looking for alternatives to Pin-Up Bet, options such as Vinlin, Liga Stavok, Marathon, and 1xStavka offer unique betting experiences tailored to different preferences and needs.
