Players from United States accepted
If you’ve been searching for the best sportsbooks to bet safely in Iceland, the platforms we’ve reviewed have everything you need. They have licenses from reputable authorities and give you access to local and international activities and events. Keep reading this guide as we walk you through some of the top betting sites in Iceland and other details you need to know.
Full List of Iceland Betting Sites
A good number of online sportsbooks operate in Iceland. If you have a hard time selecting the best options, our team has done the legwork for you to come up with the top platforms. Below is our list of the best Icelandic betting sites:
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100% up to $500
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4.1
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3+1 in Free Bets
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4.2
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Rakeboost bonus
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4.2
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4.2
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50% up to $1000
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T&Cs Apply
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4.2
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100% up to $500
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4.2
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100% up to $1000
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4.2
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125% up to $1250
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Many bonuses
BetWinner
BetWinner provides over 40 sports markets and a variety of pre-match and in-play events. So, you have no shortage of options in this bookmaker. BetWinner is also very competitive when it comes to odds on most games, especially on markets like Match Winner and Asian Handicap, with odds over 98%. You can view the odds in American odds or decimal format. Live betting is allowed on the site, as well as live streaming for most sports so you can watch the matches.
You’ll find the most popular and niche sports in BetWinner. Options like horse racing, greyhound, football, Formula 1, golf, and many more are present. Speaking of bet types, you can go for options like single win, totals, and props. BetWinner offers a mobile-friendly platform. You can place your bets directly on the website or download the Android and iOS apps.
1win
1win is one of the most reliable online betting sites in Iceland, and it shows. The platform was rebranded to its current name in 2018 and has since become a top option for bettors. What makes it ideal? Well, it has fair odds, vast betting markets, and generous welcome bonuses. The operator has a license from the government of Curacao, which clears any doubt about whether it’s legit or not.
The 1win website offers a smooth and stress-free betting process. Every sports category and betting market is properly arranged. Not to mention that the bookie has a native mobile app for iOS and Android devices. As for making payments, 1win has you covered with most of the top payment options for Iceland. You can use options like debit/credit cards, PayPal, Skrill, and bank transfers.
Megapari
Since it came into the Icelandic betting industry in 2019, Megapari has made a name for itself by offering diverse betting markets. So, it’s no surprise that most bettors visit the site to place bets on various sports and events. This sportsbook is rich with over 35 sports categories, with options like tennis, baseball, cricket, football, and more all available. Are you a fan of Esports? The bookie has you covered as well. Games like Dota 2, League of Legends, Rainbow Six, and Overwatch are available.
If you want to place your bets without stress, Megapari is the place to be. We say this because the website is clean and has no clutter. Finding your preferred betting markets and sports is as simple as ABC. There’s a menu bar that can take you to sections like sports, bonuses, and other important aspects. Should you need help or have questions, know that customer support is always your friend. You can reach out to them via email or live chat.
Paripesa
Many Icelandic bettors love using Paripesa since it’s an established and reputable online bookmaker. Our checks confirm that this site holds a license from the government of Curacao. This is an indication that you have nothing to worry about when using it. It’s quite safe as well, with multiple security tools in place to keep your data and transactions secure.
Paripesa has several cool features to keep your experience top-notch. For one, you can live stream certain matches on the platform while placing in-play bets. There’s also a cash out feature to let you settle bets early and take part of your winnings. As for bonuses, Paripesa showers you with a couple of generous offers and promotions. You can get a 100% deposit bonus of up to $100 after signing up with the site. It also has special offers and referral bonuses for existing users.
Betandyou
Launched in 2010, Betandyou is known as a leading bookmaker for betting on various sports events in Iceland. If you want an operator with generous bonuses and a modern website, this is the platform for you. No wonder many bettors see this bookie as their go-to. As for the sports categories, you have over 40 events to choose from, including football, handball, horse racing, volleyball, and basketball.
The bonuses available at Betandyou are quite impressive, to say the least. If you want some of the best free bet offers in Iceland, you can count on this site. Beginning with the welcome offer, you can get a 100% bonus when you create an account with the platform and make a first deposit. Existing users have cashback, accumulator boosts, birthday bonuses, and many more. Betandyou’s customer support team is available 24/7 via live chat and email to assist you in any way.
888Starz
Our list of the best betting companies in Iceland won’t be complete without mentioning 888Starz. Even though the site is new, it has gained the attention of many bettors in the country. The reason is that this bookie has fair odds, a wide variety of betting options, and cool offers. 888Starz has a stamp of approval from the government of Curacao since it meets all the standards for a top betting platform.
When using the 888Starz website, you can easily find all the sports events and place your bets. It has a nice bet slip layout, and you can add other games to your picks relatively easily. You can place bets on everything from football and basketball to tennis and ice hockey. The Esports section is also loaded with options like PUBG, WarCraft III, Valorant, and more. 888Starz makes certain you have a smooth process when it comes to payments. Paypal, Skrill, bank transfers, and credit/debit cards are all available.
SpinBetter
Are you in search of a top bookmaker that has most of the Icelandic betting markets and international events? Try SpinBetter. Modern website, generous bonuses, swift payments—these and more are what you can expect from this sportsbook. The lobby of over 40 sports events means you’ll always find something to bet on. Even better, you can bet on these events via in-play and pre-match markets.
In case you wonder if SpinBetter is legit or not, we can assure you that it is a hundred percent a legal site. This platform is licensed in Curacao and uses several security technologies. For those wanting to contact customer support, you can do so via email and live chat. The FAQ section can be very useful, too, with topics including bonuses, payment, and accounts.
MyStake
When using MyStake, you can expect to bet on most sports events happening in Iceland and beyond. Since this sportsbook started in 2019, users have mostly had positive things to say about it. The customer support is reliable, and you also have many betting features that can make your experience smooth. We can confirm that MyStake has a license from the Anjouan government, as well as multiple security and responsible betting features.
MyStake has multiple interesting bonuses and promotions for new and existing users. You can take advantage of the sports welcome bonus offer and crypto deposit bonus for new punters. Existing bettors have over ten ongoing bonuses to bet on sports. With these offers, you can bet on multiple sports events. MyStake is one of the top ice hockey online betting sites, but it also covers other sports like basketball, basketball, cricket, and tennis, just to name a few.
MagicWin
MagicWin is still a new sportsbook that launched in 2022. Many bettors in Iceland now use this platform because it continues to get better with its betting options and offers. There are over 34 different sports events available on this site, meaning that you won’t easily run out of options. Want to bet on the local Icelandic leagues and international? This bookie has you covered with all the popular and niche events.
The betting features in MagicWin make it an even better platform. Its in-play betting section is seamless, allowing you to bet on ongoing events without hassle. This section has stats and updates, and the odds update in a flash to reflect what’s happening in the field. You can also settle some bets early using the cash out feature. MagicWin has a reliable customer support team that is available 24/7 to provide help. You can contact them through email or live chat.
20Bets
20Bets is a rather popular sports betting site with good odds and quality features. The platform is somewhat new, kicking off in 2022, and has since enhanced its offers for an excellent user experience. That is the reason why many of the bettors in the country see it as the best way to bet their money. 20Bets is licensed under the government of Curaçao. This indicates a lot regarding exactly how trusted as well as reputable the sportsbook is.
In terms of betting markets, 20Bets offers a huge variety of choices. In other words, most of the common events you can bet on will be available in one way or another here. Over 27 types of sports are present: cricket, ice hockey, basketball, tennis, and more. When it’s time to make deposits and withdrawals, 20Bets has your back with popular options like e-wallets, bank transfers, and cards. Most importantly, transactions are completed swiftly.
How We Choose the Best Betting Sites
Some important factors can determine how your betting experience will be. We take these things into account when choosing the best bookmakers in our betting knowledge hub. Here are the factors we consider:
| Criteria | Explanation |
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| Safety and Security | Before we choose any location in Iceland, the first thing we check is licensing. No one will use a site that is unreliable and insecure. We look for licenses from top organizations like the Curacao Gaming Board, the UK Gambling Commission, and the Malta Gaming Authority, to name a few. Any of these authorities giving a stamp of approval indicates the bookie is legit. We also check for platforms with security tools like 2FA and SSL encryption. |
| Free Bets, Bonuses, and Promotions | This is exactly what makes the best betting sites in Iceland stand out from the competition. There should be bonuses for new and existing users to bet on different types of sports events. We look for things like a welcome bonus, free bets, cashback, and reloads. Not only that, the terms for claiming these offers should be friendly. |
| Different Betting Types | The best bookmakers understand the need to provide multiple betting options for users. We only recommend platforms that cover multiple sports with markets like totals, over/under, point spread, outright, and futures. |
| Odds and Lines | When shopping for the best sports betting site in Iceland, we check the odds and lines across various sports. Everyone wants to get the best out of their best. So, we make sure to choose platforms with a top margin of between 2% to 4%. The average payout should be solid as well, preferably between 96% to 98%. |
| Sports and Leagues | The best sportsbooks in Iceland ensure that you have plenty of sports and leagues to choose from. Does the platform cover the local Icelandic leagues as well as international events? These are the things we ask. It must include most of the top football competitions, such as the Champions League, Premier League, Serie A, and La Liga. You can also find other popular events, such as NBA, NHL, and NFL action. |
| In-play Betting & Live Streaming | Most bettors in Iceland like to place bets while the match is ongoing. This is why we consider sites that have a top in-play section where the odds update in a flash to mirror what’s going on in the game. Top marks for bookies in Iceland that provide live streaming features to watch the matches live on the platform. |
| Betting Apps and Mobile Platforms | In Iceland, betting apps are such an important feature that makes the life of bettors easier. They allow you to take your betting with you anywhere. We, therefore, rate operators that provide dedicated apps for Android and iOS devices. Having a top mobile site is important as well. We prefer platforms that let you place bets through your browser without a headache. |
| Customer Service | The customer service of a platform is important as it can impact your experience to a high extent. Should you have questions or urgent issues, you want them to be resolved quickly. This is why we only choose sites with 24/7 support. They should be reachable via channels like live chat, email, and telephone. It’s also important that the team is knowledgeable and friendly. |
How to Bet on Sports in Iceland Online?
You’ll find it easy to place an Iceland bet. Most bookmakers make the process easy for you. Here are the steps to follow:
Find a Trusted Sports Betting Site
First things first, find a reliable online betting site that fits your needs. Only choose a sportsbook with a legit license. You can select any of the top bookies we’ve provided in this guide.
Get Your Welcome Bonus
Most sites will allow you to receive their bonuses once you sign up. Make sure you meet the required minimum deposit amount or use the required promo codes to unlock the offer.
Find the Event to Bet on
Now it’s time to find what category of sports and events to bet on. Go through the site’s lobby and make your pick from the available options. Add your preferred ones to your bet slip.
Check the Odds
Review all the markets you’ve added to your slip and confirm the odds. Be sure that everything is as you’d like.
Place Your Bet
It’s time to enter your stake. Once you’re done, click on the place bet button and everything is set.
Bonuses and Promotions for Online Betting in Iceland
There are various types of bonuses that you can use while betting in Iceland. Offers such as these are made by bookmakers to spice things up and give your balance a boost. Some betting promotions in Iceland are:
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4.4
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100% up to $500
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Claim Bonus | New customers only! Please bet responsibly, begambleaware.org. 18+. Full T&Cs apply. |
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4.1
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3+1 in Free Bets
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Claim Bonus | Place 3 consecutive bets and get the 4th bet as a free bet! Full T&Cs apply |
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4.2
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Rakeboost bonus
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Claim Bonus | Rakeback is a withdrawable bonus that is accrued for each bet and depends on your current Rank. Please bet responsibly, begambleaware.org. 18+. Full T&Cs apply. |
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4.2
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Claim Bonus | |
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4.2
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50% up to $1000
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Claim Bonus | Earn a 50% Welcome Bonus up to $1,000 on your first-ever deposit at Jazz Sports. Use Promo Code JAZZ50 and your extra 50% will be added to your sports betting balance. Full T&Cs apply |
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4.0
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Deposit Bonuses
Some top sports betting sites in Iceland offer deposit bonuses to punters. The platform will offer you a percentage of your deposit (up to a maximum) as a bonus. This offer can be accessed by both new and existing users. Examples are a 100% bonus on your first deposit at a bookie during the week.
Welcome Offers
This is one of the most common sports betting offers in Iceland. They offer welcome bonuses to new users who just created an account with the platform. Bookmakers offer this promotion as a deposit match, and you can get it when you fund your account with the set minimum amount. Some sites may offer you 150% welcome bonuses on your first three deposits.
Free Bets
You’ll find multiple free betting sites in Iceland that let you bet on multiple games using their offers. This bonus becomes available to you without requiring deposits. All you have to do is meet the platform’s requirements. Keep in mind, though, that free bets in Iceland usually have high wagering requirements.
Cashback
Bookmakers offer cashback bonuses to give you back a percentage of the losses you made with your bets. This offer usually comes as a weekly or monthly package. Some sites offer up to 20% cashback offers during the week.
VIP Offers
These are bonuses meant for loyal and active bettors. Many bookies provide VIP offers with multiple levels; the higher you climb, the better the bonuses. You can ascend the tiers by racking up points when you deposit and place your bets. Members of the program get various special betting bonuses in Iceland like a dedicated account manager, reloads, birthday bonuses, and more.
The Most Popular Sports for Betting in Iceland
Some popular sports events are common among bettors in Iceland. These activities attract the attention of many and bookmakers provide odds and multiple markets on them. Here are the activities you’ll often find for sports gambling in Iceland:
Football
Football remains the undisputed number one sport for most bettors in Iceland. The domestic league Besta deild Karla attracts a great deal of attention from the locals, and many bet on the games. It doesn’t stop there. International competitions like the Champions League, Premier League, and La Liga get a whole lot of attention as well. Bookmakers provide thousands of Iceland football betting markets like totals, next goalscorer, league winners, and more.
Handball
Icelanders enjoy watching and betting on handball. The country has a long history of indoor handball, so it’s not surprising that it’s a top option in the country. Most sportsbooks provide betting markets on Olis Deildin, which is the country’s league. They also cover other international competitions like the Olympics.
Basketball
Basketball is another top sport that enjoys popularity among bettors in Iceland. This sport always has Icelanders on the edge of their seat, and many place bets during the games. Bookmakers provide odds and markets on the Icelandic Basketball League and other events like the NBA.
Athletics
Most Icelanders are big fans of various athletic events and many bookies provide odds to place bets on them.
Major events like the Olympics and World Championships are usually the talk of the town when they arrive. Icelanders enjoy betting on various track and field events.
Live Betting in Iceland
Do you like placing bets on games as they happen? Pretty much all of Iceland’s bookmakers are on your side. And you’ve got options! Football, basketball, tennis, plus other big games. You can put down a bet while the action’s happening. Finding the in-play section for most sportsbooks is often a walk in the park. You’ll clearly see the Live tab; if you click on it, it’ll take you to all the ongoing games. You’ll see the odds change steadily as the matches play out.
In Iceland, betting sites often provide live trackers and statistics updates to help you know everything that’s going on in the field. Others provide live streaming to allow you to watch the games in real time while placing your bets.
Mobile Betting Sites & Betting Apps in Iceland
Most online bookmakers in Iceland provide a mobile-friendly website that is easy to use. You can access these platforms with your browser via Android or iOS devices to place your bets. Most times, these bookies provide a seamless experience, and their pages load fast, as long as your internet connection is strong.
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100% up to u₿50000
T&Cs Apply
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4.8
Bet £10 get £30 in free bets
T&Cs Apply
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Betting apps are also another important feature you’ll find in most sportsbooks. They’re usually the best since they allow you to access your account with a single click and place bets while on the go. You’ll often find sites with a dedicated mobile app for Android and iOS.
Popular Deposit & Withdrawal Methods
There are many top payment options you can use for deposits and withdrawals when betting in Iceland. Most bookmakers accept the majority of these methods to make things easier for you. Here are some options you can use in the best sports betting sites of Iceland:
Debit/Credit Cards
Virtually every top online betting site in Iceland will allow you to deposit and withdraw using various cards like Visa and Mastercard. They’re popular among bettors because they’re safe and have little fees. Keep in mind, though, that this option is not as fast as many other options.
PayPal
PayPal is one of the most popular e-wallets you can use in most bookmakers. This option is quite fast and secure. Your deposits will reflect instantly, the same as your withdrawals. PayPal has minimal fees of around 2.9% for transactions.
Skrill
Skrill is liked by many bettors. Why? It allows for quick transactions. To make it better, Skrill is safe, and you can trust it. It takes a small fee. The charge is about 2%, which is great.
Direct Bank Transfer
Some bettors still love going the direct bank transfer route. This option is safe and is best when making larger deposit and withdrawal transactions. The only downside is that bank transfers take a longer time to complete, usually between 1-3 days.
Cryptocurrencies
In many bookies in Iceland, you can now deposit and withdraw with cryptocurrencies. If you need quick and safe transactions, this option is ideal for you. This should also be your choice if you want your transaction to be anonymous and private. You can use Bitcoin, Ripple, Ethereum, Litecoin, and even Dogecoin.
The Regulation of Sports Betting in Iceland & the Gambling Environment
The gambling industry in Iceland is regulated. Note, though, that the law prohibits almost all gambling apart from charitable lotteries, bingo, and a small number of electronic gambling machines. Íslensk Getspá is a state-run sports betting company and only offers a few markets. Keep in mind that while Icelanders can use international gambling platforms free from prosecution, online gambling — both on local and foreign-based sites — mostly operates in gray areas.
The History of Gambling in Iceland
The history of gambling in Iceland is long, yet it is also influenced by cultural and legal factors. Iceland first enacted a Gambling Act to restrict most gambling activity in 1926 when the Icelandic Parliament passed the Act. Fears of social harm and social deficiency were part of the reasons for this kind of approach. Over the years, this law has been amended only for lotteries and contests that directly benefit a charity. Despite these restrictions, Icelanders have discovered ways around the measures allowing them to bet on offshore sportsbooks.
The Future of the Iceland Betting Market
Due to the growing nature of the online betting industry, we fully expect Iceland to follow suit. Expect the government to legalize new forms of gambling within this country and let citizens gamble on new foreign platforms without concern. Things have now become fairly easier with sites providing live streaming and mobile apps. So, we’re hopeful for some more fresh bells and whistles to spice up the scene and shake things up. We can, therefore, say that the future of online betting in Iceland is looking to continue on the right path
Bottom Line
There are more and more bookmakers popping up in Iceland now, giving gamblers a lot of choices. They’ve each got their own fun twist to keep things interesting and make sure you find a place that feels right for you. Hoping to find a platform loaded with great bonuses or one modern website with a trustworthy support team? They’re all there for you.
You can pick any of your preferred sportsbooks from the options we’ve reviewed in this guide to place a bet in Iceland. Go through the features and offers of these operators to find the one that catches your fancy. You can go ahead and sign up with them, make your deposits, and begin betting on your favorite sports and events.
Need a trusted bookie in Iceland?
