The EPR technique is commonly used for the detection and characterization of paramagnetic centers in chemical science. This method can provides a lot of information, such as identity, structure, dynamics, interaction, orientation, glass transition temperature, adsorption behavior, functionality, phase behavior, nano‐inhomogeneities, and conformation of the free‐radical portion of the polymer chain. Most polymers intrinsically possess diamagnetic properties, so in order to study polymers with EPR, paramagnetic centers need to be incorporated into the polymer systems. Spin labeling and spin probing are main methods of covalently attaching paramagnetic centers to polymer chains or embedding them in polymer matrices through non‐covalent interactions, respectively. Spin labeling and spin probing techniques for polymers and polymer systems (especially with nitroxide radicals) have also been studied, which have a profound impact on polymer science. This review focuses on the continuous wave EPR technique and introduces the recent advances in spin labeled polymers and spin probed polymer systems in EPR research.